Kiwi employers struggle to fill 50% of vacancies, ManpowerGroup says
Tue, 29 May 2012
By Hannah Lynch May 29 (BusinessDesk) - New Zealand employers struggled to fill about 50 percent of job vacancies in 2011, with a squeeze on engineers, skilled trade workers and sales representatives...
Treasury seeks brokers to run partial privatisation for retail investors
Tue, 29 May 2012
By Paul McBeth May 29 (BusinessDesk) - The Treasury wants a list of brokers who will target retail investors in shares of partially privatised energy companies. The department is seeking to appoint...
Strategic Finance investors get another 1.5 cents in the dollar, receiver says
Mon, 28 May 2012
By Paul McBeth May 29 (BusinessDesk) - Investors in Strategic Finance got paid another 1.5 cents in every dollar they had put into the failed lender this month, and are still facing a best-case scena...
NZ dollar holds above 76 US cents on prospects Greece will avoid a euro-exit
Mon, 28 May 2012
By Hannah Lynch May 29 (BusinessDesk) - The New Zealand dollar held above 76 US cents on prospects Greece will avoid a euro-exit after polls showed the nation's pro-bailout party gaining ground, boos...
MARKET CLOSE: NZ shares fall; F&P Healthcare falls amid talks with analysts
Mon, 28 May 2012
May 28 (BusinessDesk) - New Zealand shares fell, led by Fisher & Paykel Healthcare, as the company met analysts to discuss its annual results and an outlook that has disappointed some investors. Rako...
NZ Dollar Outlook: Kiwi may gain as Spain taps ECB funding, Greeks favour austerity
Mon, 28 May 2012
By Hannah Lynch May 28 (BusinessDesk) - The New Zealand dollar may rise this week on speculation Spain will tap European Central Bank funding to bail out its banks and on signs that Greeks will accep...
Goldman-Brookfield JV may profit on ex-Serepisos property sales
Mon, 28 May 2012
By Paul McBeth May 28 (BusinessDesk) - A Goldman Sachs-Brookfield Asset Management joint venture stands to gain from the sale of properties once owned by Wellington developer Terry Serepisos after th...
Dotcom's Mega empire will emerge in new form if US govt case falls over
Sun, 01 Jan 2012
By Paul McBeth Sept 20 (BusinessDesk) - Kim Dotcom's content sharing Megaupload empire might not keep the same moniker but will be back in some form or another if the US government's case fails. Th...
NZ dollar pares gains from growth figures as Asian equities weaken
Sun, 01 Jan 2012
By Paul McBeth Sept. 20 (BusinessDesk) - The New Zealand dollar pared gains as weaker equity markets across Asia took the sheen off stronger than expected local second quarter economic growth. The...
No point in NZ trying to drop strong kiwi dollar English
Sun, 01 Jan 2012
By Pattrick Smellie Sept. 20 (BusinessDesk) - Finance Minister Bill English has no truck with mounting calls for intervention by the Reserve Bank of New Zealand to bring down the high value of the Ne...
SFO charges ex-Sutton Group employees with attempting to defraud dairy group
Sun, 01 Jan 2012
By Paul McBeth Sept. 25 (BusinessDesk) - The Serious Fraud Office has laid 33 charges in the Auckland District Court against two former employees of dairy producer Sutton Group it says were trying to...
NZ building consents fall 1.5 percent in October; Canterbury permits rise
Sun, 01 Jan 2012
Nov. 30 (BusinessDesk) - New Zealand building consents fell 1.5 percent in October, snapping four monthly gains, with Canterbury and apartments underpinning new permits and issuance up markedly on the...